Skip to content

VERIFY SMART CORP.: 10-K filed 2013-03-05

What VERIFY SMART CORP. reported in its annual report filed 2013-03-05 (fiscal FY 2012): 15 published measures, 42 facts as tagged in accession 0001511164-13-000105.

This filing

Form
10-K (annual report)
Filed
2013-03-05
Fiscal period
fiscal FY 2012
Accession
0001511164-13-000105 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All VERIFY SMART CORP. filings.

Reported measures

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2012-06-30163,838USD
At 2011-06-30135,282USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2012-06-30-131,374USD
At 2011-06-30-105,992USD
At 2010-06-30116,573USD
At 2009-06-30389,337USD
At 2008-06-3021,068USD
At 2007-06-3021,068USD
At 2006-06-309,570USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2012-06-3022,464USD
At 2011-06-302,727USD
At 2010-06-309,727USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2011-07-01 to 2012-06-30-75,382USD366
2006-05-31 to 2012-06-30-1,667,496USD2223
2010-07-01 to 2011-06-30-222,565USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2011-07-01 to 2012-06-30-30,263USD366
2006-05-31 to 2012-06-30-262,937USD2223
2010-07-01 to 2011-06-30-14,031USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2011-07-01 to 2012-06-3050,000USD366
2006-05-31 to 2012-06-30285,401USD2223
2010-07-01 to 2011-06-307,030USD365

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2011-07-01 to 2012-06-3026,563USD366
2006-05-31 to 2012-06-301,369,750USD2223
2010-07-01 to 2011-06-30212,500USD365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2012-06-3032,464USD
At 2011-06-3029,290USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2011-07-01 to 2012-06-30-778USD366
2006-05-31 to 2012-06-30-2,545USD2223
2010-07-01 to 2011-06-30-1,555USD365

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2011-07-01 to 2012-06-3074,455USD366
2006-05-31 to 2012-06-301,658,296USD2223
2010-07-01 to 2011-06-30221,010USD365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2012-06-3053,285,000shares
At 2011-06-3052,785,000shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2012-06-301,482,837USD
At 2011-06-301,433,337USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2012-06-30101,250USD
At 2011-06-3084,650USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2011-07-01 to 2012-06-309,481USD366
2006-05-31 to 2012-06-3091,126USD2223
2010-07-01 to 2011-06-30430USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2006-05-31 to 2012-06-301,369,750USD2223

Inspect the source

Entity
VERIFY SMART CORP. / CIK 0001370292
Captured
SEC response SHA-256
b748d89c11ff56627b25cf573f365a91f4a5b9b01d81521719b644d5f0babcfc

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001370292.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))